Chinese traders are reportedly withdrawing their ETH, USDT, and crypto holdings in droves from centralized exchanges (CEXes) to decentralized exchanges (DEXes) for yield farming as per a tweet on Sep 7.  DeFi FOMO in China Following difficulties of coin withdrawal on Sep 6, a source reveals that a campaign was launched by affected persons, urging users to

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Source and More information: DeFi FOMO: Chinese Traders Mass Withdrawing BTC and ETH to DEXes for Yield Farming

Author: BTCManager.com